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Our wealth solutions help you manage your financial future better and achieve your financial goals.
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Start your banking journey with the leading bank in the region.
Find a suitable account and applyDiscover the benefits of being our customer by browsing through our banking packages.
Learn more about banking packagesLearn all about how to use your account's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
All our cards offer you an exciting range of rewards and benefits.
Find a suitable card and applyGet the most out of your credit card by exploring its different benefits.
Learn all about how to use your card's features and benefits to the fullest.
Visit our dedicated support center for answers to all your banking-related questions.
Here's how to make the most out of your loan with us.
Visit our dedicated support center for answers to all your banking-related questions.
Our various FX products and services help you conduct your international transactions easily.
Our wide range of transfer options make it easier for you to send money locally and internationally.
Learn all about how you can seamless use our services to transfer money.
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Know more about our Wealth servicesLife is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Access to over 11,000 stocks and ETFs in Global and UAE markets
Visit our dedicated support center for answers to all your banking-related questions.
Everyday banking is a lot easier with our digital banking platforms and services.
Discover more about banking with usWe have over 200 branches and 900 ATMs and CDMs across the UAE and overseas.
Learn more about our services and get the most out of your banking relationship with us.
Visit our dedicated support center for answers to all your banking-related questions.
Start your Priority Banking journey and live your success
Introducing Signature, a programme of distinction reserved for the upper crust of Emirates NBD
Our wealth solutions help you manage your financial future better and achieve your financial goals.
Life is uncertain but you can be prepared to face adversity with our wide range of insurance plans.
Everyday banking is a lot easier with our digital banking platforms and services.
Learn more about our services and get the most out of your banking relationship with us.
We welcome you to a bespoke banking experience tailored to suit your private banking & wealth management needs, should you, your family, or your business have USD 5 Million (or currency equivalent) and above as Assets Under Management with us.
Dubai, 04 February 2020: Emirates NBD, a leading banking group in the region, has launched AUTOSWAP, a first-of-its-kind auto loan buyout product that provides a convenient and hassle-free financing solution for individuals seeking to buy used cars.
Launched in partnership with dubizzle, the leading classifieds platform in the UAE, the AUTOSWAP solution will enable car owners looking to sell their vehicles to complete the transaction without having to settle their existing loans. Sellers with outstanding loans can opt for this solution by using SellerAssist, a premium service offered by dubizzle pro which manages the entire selling process on behalf of the owner to help find the right buyer at the right price.
While the second-hand market makes car ownership more accessible, many sellers have an outstanding loan on their current vehicle that has to be cleared before the transfer of ownership can take place. dubizzle estimates that one in four customers find it difficult to settle their outstanding loans leading to inability to make the sale.
Suvo Sarkar, Senior Executive Vice President & Group Head – Retail Banking and Wealth Management, Emirates NBD said: “AUTOSWAP will offer peace of mind to car owners seeking a convenient way to sell and transfer ownership of their vehicles to prospective buyers without the hassle of having to settle the loan amount first. We anticipate this will go a long way towards solving one of the common challenges that car sellers and buyers face and boost the pre-owned vehicle marketplace in the UAE.”
Matthew Davidson, Head of Motors Services for dubizzle, added: “AUTOSWAP marks an expansion to the scope of the existing partnership between Emirates NBD and dubizzle. It conveniently allows a car to be sold through dubizzle pro at its current market value and Emirates NBD will clear the existing loan. The buyer will also be offered a new loan to help finance their purchase. This is fantastic news for the industry as not only does it add an additional layer of trust and convenience, but it also opens up the second-hand car market to more people.”
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